|
|
|
Top stories today: - Crowdstrike stock -11% on Fri., -3% in the pre-market
- X working on option to disable links in replies, in effort to fight scams
- 4 new unicorns in June, slowest month in 2024
- AI training restrictions via robots.txt now on 25% of top websites
- Biden drops out, endorses Harris, whose odds jumps to 30%
|
|
0. Data and calendar |
 | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
|
 | All times are ET. |
|
1. Crowdstrike stock -11% on Fri., -3% in the pre-market, as airlines struggle to restore operations |
|
Delta on Sun. canceled 1.25K flights beyond the 3.5K it had scrapped earlier. 8.5M machines were hit by the Crowdstrike bug, according to Microsoft. Fortune 100 companies weigh switching to Crowdstrike alternatives. Regulators, lawmakers raise alarm.
|
2. X working on option to disable links in replies, likely in effort to fight scams |
|
| | Be part of the open source rewards revolution. Join Homebrew creator Max Howell on his mission to reward open source developers for their valuable contributions. Proof-of- Contribution ("PoC"): OSS projects are rewarded based on their impact via this novel consensus mechanism. Valuable codebases garner higher rewards. Not a developer? Receive rewards by supporting your favourite open source projects and securing the OSS ecosystem. Sign up for tea's incentivized testnet today for the chance to earn rewards.
| *Sponsored. Click the links to subscribe to tea's newsletter and learn more about how to get rewards for your open-source contributions. |
|
|
4. Only 4 new unicorns in June, slowest month in 2024 |
|
|
5. 25% of top websites fully restricting AI training via robots.txt |
|
45% restriction in the Terms of Service of top websites in the C4 dataset, which, in practice, AI crawlers typically ignore. Continued higher trend is expected.
|
6. Biden drops out, endorses Harris, whose odds jumps from 22% to 30% |
|
|
A majority of Democrats in Congress have publicly supported Harris as the nominee |
|
Donations to Democrats had its highest day for the 2024 cycle |
|
7. Childlessness responsible for 2/3+ of drop in birth rate |
|
8. Interesting videos, posts, and memes |
 | Brand New Balaji: Trump/Biden, Jan 6 |
|
|
 | Trump assassination attempt, Secret Service failure, Inside the RNC, VC liquidity problem |
|
|
9. Other headlines |
AI |
|
|
Tech |
Google approached Ray Ban about putting Gemini AI on glasses. Magic Leap cuts 75 jobs, including entire sales, marketing departments.
|
Open Source CEO: learn how to be a leader and outperform the competition, with this free newsletter.* Sidebar is a personal board of advisors for the next generation of leaders.
| *Sponsored. |
|
|
Tech & law |
Meta fined $220M by Nigeria over consumer, data laws. Oracle agrees to pay $115M to settle consumer privacy lawsuit.
|
Biotech |
IL-11 inhibition extends lifespan, improves muscle function in mice study. Augmedix, AI healthtech, to be acquired by Commure for $139M.
|
Business |
|
Crypto |
Messari CEO steps down after controversial political tweets. POPCAT becomes 1st cat memecoin to hit $1B market cap. Kamala Harris memecoin hits all-time high of $24M market cap. Tornado Cash receives $2B in 2024 amid U.S. sanctions.
|
|
U.S. politics |
Secret Service says it denied Trump additional resources over 2 years. Twitch reinstates Trump account after 3 years. 25M+ viewers tuned in to watch final night of RNC. Trump's libel suit against Pulitzer Prize Board advances.
|
World |
|
Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below). |
| Share Bay Area Times | Share our newsletter with your friends and get free Bay Area Times rewards! | You currently have 0 referrals, only 1 away from receiving our Generative AI Unicorns Database. | | | Or copy and paste this link to others: https://www.bayareatimes.com/subscribe?ref=UbEAXR818y | |
|
What did you think of today's newsletter? |
|
Advertise on the Bay Area Times |
Disclaimer: The Bay Area Times is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. You should do your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Bay Area Times team. |
Please read our Terms of Service and our Privacy Policy before using Our Service. |
No comments: